Telecanor Global Limited has secured a substantial international order worth $375,000 (approximately ₹3.56 crore) from PrimeZen Innovations Inc, USA, for developing customized cryptocurrency exchange software. The company announced this development in its regulatory filing dated March 30, 2026, in compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Order Details and Specifications

The comprehensive order encompasses the development of customized software for a centralized crypto exchange with integrated custodial wallet services. The project includes provision to create and maintain 10 upgradeable cryptocurrencies built on the Solana blockchain platform.

Project Scope and Technical Features

The order involves developing a centralized cryptocurrency exchange platform with several key components:

• Customized software architecture for centralized crypto exchange
• Integrated custodial wallet services
• Capability to create and maintain 10 upgradeable cryptocurrencies
• Built specifically on the Solana blockchain network

The project represents Telecanor Global's expansion into the cryptocurrency and blockchain technology sector, demonstrating the company's technical capabilities in emerging financial technologies.

Regulatory Compliance and Corporate Governance

Telecanor Global has confirmed full compliance with regulatory requirements in its disclosure. The company clarified that no promoter, promoter group, or group companies have any interest in PrimeZen Innovations Inc, the entity awarding the contract.

Execution Timeline and Business Impact

The contract stipulates a 6-month execution period from the date of signing, indicating an aggressive development timeline for the comprehensive crypto exchange platform. The order value of $375,000 represents a significant business win for the Hyderabad-based technology company.

This international order positions Telecanor Global in the rapidly growing cryptocurrency infrastructure market, particularly in the development of centralized exchange platforms and custodial services. The selection of Solana blockchain platform aligns with current industry trends favoring high-performance blockchain networks for cryptocurrency applications.

Telecanor global has announced the withdrawal of a proposed warrant allottee from its ongoing preferential issue due to documentation issues. The company informed BSE Limited about this development through a regulatory filing under Regulation 30 of SEBI (LODR) Regulations, 2015.

Withdrawal Details

The company has withdrawn Mr. Maruti Ram Praturi as a proposed warrant allottee from its preferential issue. This decision was made due to the unavailability of certain requisite documents relating to pledging shares that were required by BSE Limited for processing the in-principle application.

Impact on Preferential Issue

The withdrawal of Mr. Maruti Ram Praturi has several consequential effects on the preferential issue structure:

• Changes to the overall issue size
• Modifications to the objects of the preferential issue
• Adjustments in amounts and percentages of post allotment of equity shares
• Withdrawal of warrant issuance to the concerned allottee

Continuity of Other Provisions

Despite the withdrawal, Telecanor Global clarified that all other aspects of the preferential issue remain intact. The company specifically mentioned that except for the withdrawal of Mr. Maruti Ram Praturi and its consequential changes, there are no other modifications to the notice.

Regulatory Compliance

The announcement was made in continuation of the company's Board Meeting outcome held on February 05, 2026, and the Notice of the Extraordinary General Meeting dated February 05, 2026. The communication was signed by Pilli Swetha, Whole-time Director with DIN: 06397865, ensuring proper authorization and compliance with regulatory requirements.